United States
Columbia Sportswear announces second quarter results
The US-based company's sales increased by 7% year-on-year in the second quarter of 2023. The company emphasised its good performance in international markets, while the US market proved more challenging
Rocky Brands second quarter sales fall by 38%
As retailers continue to work with excess inventory levels, the US-based footwear manufacturer posted another sales and profits drop in the second quarter of 2023 from the same period of 2022
VF Corp posts a weak first quarter
The US-based footwear company posted an 8% decline in revenue in the first quarter of fiscal 2024, as compared to the same period of last year. Vans continues to struggle
Deckers off to a good start
The US-based company announced that it has raised its outlook for the 2024 fiscal year after posting a solid first quarter, driven by strong momentum from the Hoka brand
Skechers reports strong second quarter results
The US-based company reported growth in sales and earnings in the second quarter of 2023, as compared to the same period of 2022, driven by the performance of the DTC channel
Gap appoints new Chief Executive Officer
The owner of Old Navy, Gap, Banana Republic and Athleta brands has appointed Richard Dickson as its President and Chief Executive Officer (CEO), effective from the 22nd of August
Crocs hits quarterly revenue of more than 1 billion USD
The US-based footwear company posted a revenue growth of 11.2% in the second quarter of fiscal 2023, reaching 1.07 billion US dollars, as compared to the same period of 2022
Authentic Brands Group acquires Rockport
The New York-based brand management company announced that it has received bankruptcy court approval to acquire the footwear brand Rockport, which had filed for Chapter 11 in June
Brazilian footwear exports on downward trajectory
In the first half of 2023, Brazilian footwear exports declined by 13.6% in volume and 3.8% in value year-over-year due to a global economic slowdown. Performance in the US market has suffered the most
Journeys launches resale programme
The footwear retailer, owned by Genesco, has teamed up with the online resale platform thredUP to launch the ‘Journeys Second-Hand’ initiative, aimed at a more environmentally-conscious generation
Changes in the leadership of Vans in the EMEA
VF Corp has announced that Andreas Olsson, until the past 17th Van's Vice President of Sales for EMEA, will now be the brand's new Vice President and General Manager for the region
Authentic Brands appoints new Chief Financial Officer
The New York-based brand management company has announced the appointment of Kevin Willis as Chief Financial Officer (CFO)
Brooks Running enters the resale market
The Seattle-based company has announced the launch of the resale programme ReStart, which will enable the refurbishment and reselling of used Brooks footwear in the US
Designer Brands appoints Laura Denk as President of DSW
The North American company announced the appointment of Laura Denk as President of Designer Shoe Warehouse (DSW) and Executive Vice President of Designer Brands, effective as of the 24th of July
Global personal luxury goods market set to continue growing in 2023
After registering a record year in 2022, and despite uncertain macroeconomic conditions, the global personal luxury goods market is expected to grow between 5% to 12% in 2023-
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